Address
318 Cedar Street, Abilene, TX
Price
$ 399,900
Property Attributes
- MLS#20579133
- TypePending
- CountyTAYLOR
- CityAbilene
- NeighborhoodOt Abilene
- Zip79601
- StyleOffice
- Year Built1948
- Taxes$ 6950
- Price$ 399,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.161 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Downtown Abilene building, 2 blocks from the new downtown hotel and Abilene civic center. 13 offices, separate lobby, secure reception-office area, men's and women's bathrooms, 2 programmable AC units, Sound proof studio and ample storage. 4 parking spaces out front, 8 through rear entry with covered key code access with public parking close by. Entire building is well-insulated. Previously offices have been individually rented from $350-$550 depending on size. 9 offices are currently under individual lease with 4 currently vacant. Current Income is $4350 per month. With potential for an additional $1,600 per month.
| Price History | |
|---|---|
| 4/26/2024 | Listed $399,900 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Flat |
| Year Built | 1948 |
| Tenant Pays | None |
| Business Type | Accounting,Administrative and Support,Advertising,Professional Office,Professional Service,Real Estate,Retail |
| Unexempt Taxes | 6950 |
| Building Use | Building Services,Office,Retail |
| Average Monthly Lease | 550 |
| Owner Pays | All Utilities |
| Will Subdivide | No |
| Gross Annual Expenses | 11450.00 |
| Property SubType | Office |
| Subdivision Name | Ot Abilene |
| Zoning Description | CB |
| Insurance Expense | 4500 |
| Occupant Type | Tenant |
| County | Taylor |
| Operating Expense Includes | Insurance |
| Property Type | Commercial Sale |
| Security Features | Fire Alarm,Security Lights |
| Construction Materials | Brick |
| Year Built Details | Preowned |
| Number Of Leaseable Spaces | 13 |
| Number Of Spaces Leased | 4 |
| Status | Pending |
| Directions | West on north first,right on cedar,Property is on the left. |
| City | Abilene |
| Buyer Agent Compensation | 2.5 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20579133 |
| Standard Status | Pending |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Carpet,Luxury Vinyl Plank |
|---|---|
| Occupancy Rate | 30 |
| Total Stories | 1 |
| Total Units | 13 |
| SQFT Gross | 5000 |
| Lock Box Type | None |
Exterior Features
| Lot Features | Interior Lot |
|---|---|
| Lot Size Source | Assessor |
| Parking Features | Asphalt,Parking Lot,Parking Pad |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.1610 |
| Lot Size Units | Acres |
| Construction Materials Walls | Texture |
| Building Area Total | 5000.00 |
| Lot Size Square Feet | 7013.1600 |
| Lot Size Acres | 0.1610 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 79601
Price
Taxes
Visits
Year Built
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